Chief minister M KStalin unveiled aroadmapfor enhancing the incubator ecosystem in Naduthat seeks to spread industries and generate EMPLOYMENT across all the districts. The roadmap, prepared by Indian STEP & Business Incubator Association, was unveiled during ISBACON 2022, inaugurated by Stalin.
The roadmap envisions promoting one big Industry, 10 medium sized industries, 100 startups and 1,000 self-employed people coming up in each district every year and adding Rs 400 crore per district per year to the states GDP towards the broader vision of making Tamil Nadu a $ one trillion economy.
It suggested constituting a think tank which would advise the government on continuously improving the startup ecosystem, establishing at least five incubators per district based on the potential, creating innovation hubs as a starting point for encouraging made in Tamil Nadu products and enhancing the seed funds for startups.
Tamil Nadu prides itself on being a state that is at the forefront of Education, economy, industrial development and culture, besides being the great knowledge capital, thanks to the youth power of the state. Tamil Nadu is blessed to have a very large number of youth with high intellectual ability. The state is leading in creating the right ecosystem required for fostering technology and Entrepreneurship development. Many effective initiatives are being implemented throughTamil Nadu Startup and Innovation Mission(TANSIM), Stalin said.